Mean Purple EA
- Experts
- Versione: 2.14
- Aggiornato: 5 ottobre 2026
- Attivazioni: 10
Launch price!
Mean Purple — Mean-Reversion Portfolio EA for MetaTrader 5
A lighthouse does not chase the ships. It stays on its rock while the sea churns, because it knows the waves always fall back. It does not predict the storm: it lights the way and holds its course.
Mean Purple was built in that spirit, patiently, setting after setting, over hundreds of hours of testing.
THE LIGHTHOUSE CONCEPT
The price of a currency pair is like the sea: it regularly drifts away from its usual level, then comes back to it. Mean Purple does not try to guess the next big trend. It waits until a deviation is clearly marked and confirmed, then positions itself for the return to the mean. It is designed for the long periods when the market hesitates, which is most of the time.
PATIENCE IS PART OF THE STRATEGY
Mean Purple does not trade for the sake of trading. It only opens a position when all of its conditions are met: a marked deviation, a move that is running out of steam, no dangerous trend in play, a reasonable spread, and no major economic news approaching.
It can go several hours, sometimes several days, without opening a position. This is normal: the dashboard then displays "Engine waiting for signal".
In Low mode, entries are even rarer, and each one is based on a more significant excess.
Every signal skipped is a risk avoided. Better to wait for the right wave than to sail into the storm.
A PORTFOLIO EA, NOT A SINGLE-PAIR EA
Mean Purple manages a complete portfolio from a single chart:
- 4 selected pairs: AUDCAD, NZDCAD, EURCHF and EURGBP, cross pairs of closely linked economies that tend to oscillate.
- Two correlation groups: AUDCAD/NZDCAD and EURCHF/EURGBP never have baskets open at the same time.
- Controlled exposure: two baskets at most, meaning no more than one CAD basket and one EUR basket, two genuinely different risks.
- Settings tuned per pair, so that each winning basket earns a similar amount.
- Global portfolio SL, which monitors the combined loss of all positions.
TWO SIGNAL MODES
- Regular: watches 15-minute candles, for more opportunities.
- Low: watches 1-hour candles, for rarer and more selective entries.
An ADX trend filter only blocks entries against a strong trend that is still strengthening.
TWO MANAGEMENT STYLES
- Grid mode: adds positions at fixed intervals and closes the whole basket at a target calculated from the weighted average price.
- One Shot mode: one position per signal, with real TP and SL and a trailing stop.
PROTECTION
- Spread filter and per-currency economic news filter (uses the calendar built into MetaTrader 5, no setup required).
- On-chart dashboard: active mode, daily profit, total profit, daily maximum drawdown and engine status.
REQUIREMENTS
- MetaTrader 5, attach to a single chart.
- Hedging account recommended. On a netting account, the EA automatically switches to One Shot mode.
- Recommended: 3,500 USD per 0.01 starting lot, leverage of 1:200 or higher, VPS.
DISCLAIMER
Grid trading increases exposure when the market moves against open positions. Past results and backtests do not guarantee future results. Test on a demo account before using real funds.
Mean Purple does not promise a calm sea. It helps you hold your course through the storms.
